The President finally assented to the Finance Act, 2019 (FA 2019) on 7 November 2019 after a long wait. Prior to the date of assent of FA 2019, none of the changes proposed in the Finance Bill, 2019 had taken effect. The tax proposals in the FA 2019 with the earliest having an effective date of 7 November 2019 and the rest becoming effective from 1 January 2020